Deep Industries rose 4.28% to Rs 336.35 at 11:36 IST on BSE after a bulk deal of 20.54 lakh shares was executed on the scrip at Rs 329.85 per share in opening trade on BSE.
Meanwhile, the S&P BSE Sensex was up 74.59 points or 0.25% at 29,606.02
On the BSE, 22.09 lakh shares were traded on the counter so far as against the average daily volumes of 41,653 shares in the past one quarter. The stock hit a high of Rs 343.70 in intraday trade so far, which is record high for the counter. The stock hit a low of Rs 323.05 so far during the day. The stock had hit a 52-week low of Rs 135.10 on 29 March 2016.
The small-cap company has equity capital of Rs 32 crore. Face value per share is Rs 10.
Deep Industries' net profit rose 32.76% to Rs 17.71 crore on 33.97% growth in net sales to Rs 70.59 crore in Q3 December 2016 over Q3 December 2015.
Deep Industries is engaged in business of oil and gas services, exploration and production.
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